State Board of Administration of Florida Retirement System

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), State Board of Administration of Florida Retirement System reported 2,188 stock positions worth $50.8 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 5.9%) and Nvidia (NVDA, 5.8%). Compared with Q1 2024, it opened 291 new positions, sold out of 242, added to 597 and reduced 1,294. The biggest buy was Broadcom (AVGO, shares +3%) and the biggest sale Apple (AAPL, shares −13%).

Most Recent 13F
Q2 2026
Location
TALLAHASSEE, FL
CIK
0000938076
Portfolio Value
$50.8B (Q2 2024)
SEC Filing
0000938076-24-000007 ↗ filed Aug 8, 2024

Holdings Value

0$20.0B$40.0B$60.0B$80.0B Q1 2024: $42.7B Q1 2024 Q2 2024: $50.8B $50.8B Q2 2024 Q3 2024: $52.4B Q3 2024 Q4 2024: $52.6B Q4 2024 Q1 2025: $50.4B Q1 2025 Q2 2025: $56.4B Q2 2025 Q3 2025: $57.2B Q3 2025 Q4 2025: $56.5B Q4 2025 Q1 2026: $53.4B Q1 2026 Q2 2026: $60.3B Q2 2026

Holdings 2,188 stocks · $50.8B
MSFT Microsoft Corp. 6.42% 7,289,370 $3.3B Reduce -10.7%
AAPL Apple Inc. 5.92% 14,282,721 $3.0B Reduce -13.2%
NVDA Nvidia Corp. 5.81% 23,860,569 $2.9B Reduce -8.7%
AMZN Amazon.com Inc. 3.46% 9,088,970 $1.8B Reduce -6.6%
META Meta Platforms Inc. Class A 2.15% 2,169,149 $1.1B Reduce -12.2%
GOOGL Alphabet Inc. Class A 2.09% 5,838,482 $1.1B Reduce -11.2%
GOOG Alphabet Inc. Class C 1.75% 4,841,550 $888.0M Reduce -16.6%
LLY Eli Lilly & Co. 1.49% 837,329 $758.1M Reduce -10.0%
AVGO Broadcom Inc. 1.42% 448,729 $720.4M Add +2.8%
BRK.B Berkshire Hathaway Inc. Class B 1.41% 1,758,110 $715.2M Reduce -9.6%
JPM JPMorgan Chase & Co. 1.12% 2,810,875 $568.5M Reduce -10.6%
TSLA Tesla Inc. 1.06% 2,719,806 $538.2M Reduce -3.5%
XOM Exxon Mobil Corp. 1.01% 4,470,499 $514.6M Reduce -3.8%
UNH Unitedhealth Group Inc. 0.91% 902,918 $459.8M Reduce -12.1%
V Visa Inc. Class A 0.81% 1,558,764 $409.1M Reduce -12.8%
PG The Procter & Gamble Co. 0.76% 2,324,486 $383.4M Reduce -11.1%
COST Costco Wholesale Corp. 0.74% 439,417 $373.5M Reduce -10.9%
MA Mastercard Inc. Class A 0.70% 811,475 $358.0M Reduce -13.8%
JNJ Johnson & Johnson 0.69% 2,402,789 $351.2M Reduce -17.0%
HD Home Depot Inc. 0.67% 982,695 $338.3M Reduce -11.7%
MRK Merck & Co. Inc. 0.63% 2,600,745 $322.0M Reduce -9.3%
ABBV Abbvie Inc. 0.60% 1,776,774 $304.8M Reduce -7.8%
WMT Walmart Inc. 0.60% 4,482,201 $303.5M Add +177.4%
NFLX Netflix Inc. 0.56% 423,526 $285.8M Reduce -12.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.54% 6,922,684 $275.3M Reduce -11.8%
CVX Chevron Corp. 0.52% 1,699,874 $265.9M Reduce -20.6%
AMD Advanced Micro Devices 0.50% 1,575,604 $255.6M Reduce -13.0%
KO The Coca-Cola Co. 0.50% 3,989,405 $253.9M Reduce -8.2%
ADBE Adobe Inc. 0.49% 449,600 $249.8M Reduce -13.6%
CRM Salesforce Inc. 0.47% 926,496 $238.2M Reduce -11.8%
QCOM Qualcomm Inc. 0.44% 1,115,164 $222.1M Reduce -12.1%
PEP Pepsico Inc. 0.44% 1,340,464 $221.1M Reduce -11.5%
WFC Wells Fargo & Co. 0.43% 3,669,524 $217.9M Reduce -15.6%
ORCL Oracle Corp. 0.43% 1,532,989 $216.5M Reduce -12.6%
TMO Thermo Fisher Scientific Inc. 0.41% 374,885 $207.3M Reduce -12.5%
LIN Linde PLC 0.40% 465,287 $204.2M Reduce -13.5%
CSCO Cisco Systems Inc. 0.40% 4,235,727 $201.2M Reduce -9.1%
AMAT Applied Materials Inc. 0.39% 845,003 $199.4M Reduce -15.3%
ACN Accenture PLC Class A 0.36% 606,496 $184.0M Reduce -11.9%
VZ Verizon Communications Inc. 0.36% 4,403,849 $181.6M Reduce -8.9%
INTU Intuit Inc. 0.36% 274,885 $180.7M Reduce -11.2%
ABT Abbott Laboratories 0.36% 1,738,285 $180.6M Reduce -10.9%
MCD McDonald's Corp. 0.35% 705,306 $179.7M Reduce -10.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 1,787,871 $177.5M Reduce -9.2%
GE General Electric filed as GE AEROSPACE 0.34% 1,094,797 $174.0M Reduce -7.5%
TXN Texas Instruments Inc. 0.34% 892,539 $173.6M Reduce -11.4%
PFE Pfizer Inc. 0.32% 5,879,644 $164.5M Reduce -8.0%
DHR Danaher Corp. 0.32% 658,000 $164.4M Reduce -7.5%
AMGN Amgen Inc. 0.32% 524,898 $164.0M Reduce -11.9%
CMCSA Comcast Corp. Class A 0.32% 4,180,960 $163.7M Reduce -15.6%
NOW ServiceNow Inc. 0.32% 206,289 $162.3M Reduce -11.4%
CAT Caterpillar Inc. 0.32% 484,119 $161.3M Reduce -18.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.31% 904,870 $156.5M Reduce -9.0%
ISRG Intuitive Surgical Inc. 0.30% 344,806 $153.4M Reduce -10.8%
PM Philip Morris International 0.30% 1,502,437 $152.2M Reduce -14.0%
UBER Uber Technologies Inc. 0.29% 2,047,533 $148.8M Add +1.6%
T AT&T Inc. 0.29% 7,701,345 $147.2M Reduce -6.9%
MU Micron Technology Inc. 0.29% 1,116,140 $146.8M Reduce -12.7%
NEE Nextera Energy Inc. 0.28% 2,036,987 $144.2M Reduce -6.9%
LRCX Lam Research Corp. 0.28% 132,904 $141.5M Reduce -11.9%
RTX RTX Corp. 0.27% 1,390,707 $139.6M Reduce -13.3%
COP Conocophillips 0.27% 1,220,302 $139.6M Reduce -15.2%
SPGI S&P Global Inc. 0.27% 308,906 $137.8M Reduce -14.6%
BKNG Booking Holdings Inc. 0.27% 34,499 $136.7M Reduce -20.2%
INTC Intel Corp. 0.26% 4,341,842 $134.5M Reduce -5.5%
HON Honeywell International Inc. 0.26% 628,610 $134.2M Reduce -13.4%
UNP Union Pacific Corp. 0.26% 586,319 $132.7M Reduce -13.4%
GS Goldman Sachs Group Inc. 0.26% 288,651 $130.6M Reduce -15.0%
AXP American Express Co. 0.26% 562,973 $130.4M Reduce -17.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.25% 1,172,241 $129.1M Reduce -10.6%
ELV Elevance Health Inc. 0.25% 234,105 $126.9M Reduce -10.9%
ETN Eaton Corp. PLC 0.25% 400,930 $125.7M Reduce -12.6%
VRTX Vertex Pharmaceuticals Inc. 0.25% 266,540 $124.9M Reduce -12.9%
LOW Lowe's Cos Inc. 0.25% 565,416 $124.7M Reduce -17.2%
PGR Progressive Corp. 0.24% 589,707 $122.5M Reduce -8.2%
C Citigroup Inc. 0.24% 1,909,362 $121.2M Reduce -10.2%
BSX Boston Scientific Corp. 0.24% 1,562,060 $120.3M Reduce -3.6%
SYK Stryker Corp. 0.24% 351,395 $119.6M Reduce -9.8%
BLK BlackRock Finance Inc. 0.23% 146,368 $115.2M Reduce -12.6%
MS Morgan Stanley 0.22% 1,167,614 $113.5M Reduce -17.8%
ADI Analog Devices Inc. 0.22% 495,379 $113.1M Reduce -11.7%
REGN Regeneron Pharmaceuticals 0.22% 107,375 $112.9M Reduce -13.5%
KLAC KLA Corp. 0.22% 136,248 $112.3M Reduce -13.2%
SCHW Schwab (charles) Corp. 0.22% 1,497,172 $110.3M Reduce -9.6%
IWN iShares Russell 2000 Value E 0.22% 720,322 $109.7M New
MDT Medtronic PLC 0.21% 1,345,007 $105.9M Reduce -9.6%
MRSH Marsh & McLennan Cos 0.21% 495,800 $104.5M Reduce -10.7%
PLD Prologis Inc. 0.20% 915,449 $102.8M Reduce -9.6%
PANW Palo Alto Networks Inc. 0.20% 300,705 $101.9M Reduce -8.3%
CB Chubb Ltd. 0.20% 396,744 $101.2M Reduce -14.3%
BA The Boeing Co. 0.20% 553,387 $100.7M Reduce -8.1%
SNPS Synopsys Inc. 0.19% 164,588 $97.9M Reduce -16.1%
ADP Automatic Data Processing 0.19% 405,276 $96.7M Reduce -9.8%
UPS United Parcel Service Class B 0.19% 701,214 $96.0M Reduce -10.7%
MDLZ Mondelez International Inc. Class A 0.19% 1,441,789 $94.4M Reduce -6.5%
ANET Arista Networks Inc. 0.18% 266,237 $93.3M Reduce -6.5%
SO The Southern Co. 0.18% 1,202,574 $93.3M Reduce -1.3%
BMY Bristol-Myers Squibb Co. 0.18% 2,238,398 $93.0M Reduce -9.9%
CI The Cigna Group 0.18% 280,677 $92.8M Reduce -15.1%
DE Deere & Co. 0.18% 246,368 $92.1M Reduce -19.0%

Show all 2,188 holdings

Portfolio Sells Q1 2024 → Q2 2024
AAPL Apple Inc. Reduce -13.2% 5.92% −0.43
JNJ Johnson & Johnson Reduce -17.0% 0.69% −0.36
TSLA Tesla Inc. Reduce -3.5% 1.06% −0.31
CVX Chevron Corp. Reduce -20.6% 0.52% −0.29
PFE Pfizer Inc. Reduce -8.0% 0.32% −0.29
UNH Unitedhealth Group Inc. Reduce -12.1% 0.91% −0.23
BMY Bristol-Myers Squibb Co. Reduce -9.9% 0.18% −0.22
NKE Nike Inc. Class B Reduce -13.6% 0.18% −0.22
PEP Pepsico Inc. Reduce -11.5% 0.44% −0.21
XOM Exxon Mobil Corp. Reduce -3.8% 1.01% −0.18
CSCO Cisco Systems Inc. Reduce -9.1% 0.40% −0.17
TMO Thermo Fisher Scientific Inc. Reduce -12.5% 0.41% −0.17
UPS United Parcel Service Class B Reduce -10.7% 0.19% −0.17
MCD McDonald's Corp. Reduce -10.5% 0.35% −0.16
PG The Procter & Gamble Co. Reduce -11.1% 0.76% −0.15
V Visa Inc. Class A Reduce -12.8% 0.81% −0.14
SBUX Starbucks Corp. Reduce -12.1% 0.17% −0.14
KO The Coca-Cola Co. Reduce -8.2% 0.50% −0.13
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.13
ABBV Abbvie Inc. Reduce -7.8% 0.60% −0.12
CMCSA Comcast Corp. Class A Reduce -15.6% 0.32% −0.12
DE Deere & Co. Reduce -19.0% 0.18% −0.11
DIS The Walt Disney Co. Reduce -9.2% 0.35% −0.11
NEE Nextera Energy Inc. Reduce -6.9% 0.28% −0.11
ABT Abbott Laboratories Reduce -10.9% 0.36% −0.11
GILD Gilead Sciences Inc. Reduce -9.9% 0.18% −0.10
HD Home Depot Inc. Reduce -11.7% 0.67% −0.10
PYPL PayPal Holdings Inc. Reduce -14.4% 0.12% −0.10
BA The Boeing Co. Reduce -8.1% 0.20% −0.10
CVS CVS Health Corp. Reduce -8.2% 0.16% −0.10
PM Philip Morris International Reduce -14.0% 0.30% −0.10
ACN Accenture PLC Class A Reduce -11.9% 0.36% −0.10
TXN Texas Instruments Inc. Reduce -11.4% 0.34% −0.10
EL Estee Lauder Companies Class A Reduce -3.7% 0.05% −0.10
DHR Danaher Corp. Reduce -7.5% 0.32% −0.10
MA Mastercard Inc. Class A Reduce -13.8% 0.70% −0.10
LMT Lockheed Martin Corp. Reduce -20.9% 0.18% −0.09
PLD Prologis Inc. Reduce -9.6% 0.20% −0.09
RTX RTX Corp. Reduce -13.3% 0.27% −0.09
INTC Intel Corp. Reduce -5.5% 0.26% −0.09
T AT&T Inc. Reduce -6.9% 0.29% −0.08
VZ Verizon Communications Inc. Reduce -8.9% 0.36% −0.08
MRK Merck & Co. Inc. Reduce -9.3% 0.63% −0.08
LOW Lowe's Cos Inc. Reduce -17.2% 0.25% −0.07
HUM Humana Inc. Reduce -13.6% 0.09% −0.07
MDT Medtronic PLC Reduce -9.6% 0.21% −0.07
AMT American Tower Corp. Reduce -11.2% 0.17% −0.07
TGT Target Corp. Reduce -12.9% 0.13% −0.07
MS Morgan Stanley Reduce -17.8% 0.22% −0.07
DG Dollar General Corp. Reduce -12.4% 0.06% −0.07

Portfolio Buys Q1 2024 → Q2 2024
AVGO Broadcom Inc. Add +2.8% 1.42% +0.76
IWN iShares Russell 2000 Value E New 0.22% +0.22
UBER Uber Technologies Inc. Add +1.6% 0.29% +0.14
CRH CRH PLC New 0.07% +0.07
SMCI Super Micro Computer Inc. Add +305.2% 0.08% +0.07
FERG Ferguson Jersey Ltd. Add +1643.8% 0.07% +0.07
PLTR Palantir Technologies Inc. Class A Add +5.6% 0.10% +0.06
KVUE Kenvue Inc. New 0.06% +0.06
NU Nu Holdings Ltd./Cayman Isl-A New 0.06% +0.06
VRT Vertiv Holdings Co. Class A Add +44.7% 0.06% +0.05
KKR KKR & Co. Inc. Add +2.9% 0.13% +0.05
COIN Coinbase Global Inc. Class A Add +1.9% 0.08% +0.05
APO Apollo Global Management Inc. Add +4.8% 0.11% +0.04
VLTO Veralto Corp. New 0.04% +0.04
WMT Walmart Inc. Add +177.4% 0.60% +0.04
CPNG Coupang Inc. New 0.04% +0.04
MSTR Strategy Inc. Add +545.4% 0.04% +0.04
CPAY Corpay Inc. New 0.04% +0.04
COO The Cooper Cos Inc. New 0.03% +0.03
BG Bunge Global SA New 0.03% +0.03
APP AppLovin Corp. Class A Add +2.7% 0.04% +0.03
DECK Deckers Outdoor Corp. Add +18.7% 0.05% +0.03
DASH DoorDash Inc. Class A Add +11.9% 0.07% +0.03
FWONK Liberty Media Corp. Class C New 0.03% +0.03
EME Emcor Group Inc. Add +93.5% 0.04% +0.03
WELL Welltower Inc. Add +5.6% 0.11% +0.03
RBA RB Global Inc. New 0.03% +0.03
DDOG Datadog Inc. Class A Add +0.2% 0.07% +0.03
WING Wingstop Inc. Add +274.7% 0.03% +0.02
HWM Howmet Aerospace Inc. Add +0.2% 0.06% +0.02
CPRT Copart Inc. Add +109.7% 0.10% +0.02
ARES Ares Management Corp. Class A Add +60.9% 0.04% +0.02
QGEN Qiagen NV New 0.02% +0.02
SAIA Saia Inc. Add +263.8% 0.02% +0.02
P Everpure Inc. Class A Add +5.1% 0.03% +0.02
IR Ingersoll-Rand Inc. Add +1.5% 0.07% +0.02
PINS Pinterest Inc. Class A Add +3.6% 0.06% +0.02
MLM Martin Marietta Materials Add +5.4% 0.07% +0.02
DKNG Draftkings Inc. Class A Add +21.0% 0.03% +0.02
MEDP Medpace Holdings Inc. Add +225.4% 0.02% +0.02
CCL Carnival Corp. Add +7.7% 0.04% +0.02
ELF Elf Beauty Inc. Add +201.4% 0.02% +0.02
CR Crane Co. New 0.01% +0.01
BNY Bank of New York Mellon Corp. Add +4.6% 0.10% +0.01
FIX Comfort Systems USA Inc. Add +159.1% 0.02% +0.01
ONTO Onto Innovation Inc. Add +123.4% 0.02% +0.01
MUSA Murphy USA Inc. Add +122.6% 0.02% +0.01
CELH Celsius Holdings Inc. Add +725.9% 0.02% +0.01
HOOD Robinhood Markets Inc. Class A Add +9.6% 0.02% +0.01
COR Cencora Inc. Add +0.2% 0.07% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,134$60.3BNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026 2,061$53.4BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 2,072$56.5BNVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025 2,084$57.2BNVDA, MSFT, AAPL, AMZN, META
Q2 2025 2,147$56.4BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 2,169$50.4BAAPL, MSFT, NVDA, AMZN, META
Q4 2024 2,198$52.6BAAPL, NVDA, MSFT, AMZN, META
Q3 2024 2,223$52.4BAAPL, MSFT, NVDA, AMZN, META
Q2 2024 2,188$50.8BMSFT, AAPL, NVDA, AMZN, META
Q1 2024 2,136$42.7BAAPL, MSFT, AMZN, NVDA, GOOGL